‘NPA poster boy’ Vijay Mallya says time not right to return to India

01 / 6

In more trouble for Vijay Mallya, a Hyderabad court has issued a non-bailable warrant against the beleaguered businessman after he failed to appear before it in a cheque dishonour case amid reports today that quoted him as having said the time is not "right" for his return to India. The court order in the case of alleged dishonour of a Rs 50 lakh cheque to GMR Hyderabad International Airport Ltd came even as Union Labour Minister Bandaru Dattatreya said a probe will be launched to check whether there were any anomalies in the Provident Fund(PF) contributions made by Mallya's Kingfisher Airlines for its employees when it was functioning. (Express Photo)

02 / 6

Vijay Mallya, 60, is facing multiple proceedings for allegedly defaulting on loans of over Rs 9,000 crore from various banks. His departure from India on March 2 unhindered in the middle of the probes also triggered a political row. Amid the row involving Mallya, Minister of State for Finance Jayant Sinha said "full force of the law" is being applied to bring all wilful loan defaulters to justice. He, however, did not name anyone. (Express Photo)

03 / 6

1. SC asks Vijay Mallya to disclose total assets held, India return date: In what can be seen as a hardening of stance against controversial businessman Vijay Mallya, the Supreme Court on Thursday asked him to disclose all his assets along with those held by his wife and children in India and abroad. The court also asked him to indicate “the amount he is prepared to deposit in the court for a meaningful negotiated settlement” and to prove his bona fides. (Express photo)

04 / 6

Beleaguered Vijay Mallya may be a crorepati, but he did not hesitate to claim amounts as little as Rs 20,000 as perks to which he was entitled to as a Rajya Sabha MP, a reply to an RTI querry has revealed. In response to a Right to Information query by a Bareilly-based activist Mohammad Khalid Jeelani, the Rajya Sabha secretariat disclosed that the liquor baron -- convicted in a dud cheque case and facing a non-bailable warrant for defaulting on bank loans of around 9,000 crore -- regularly pocketed Rs 50,000 per month, which is his salary as a Parliamentarian, as well as other perks like constituency allowance and telephone reimbursements. (Text IANS) (Express Photo)

05 / 6

"I will be filing an application in the High Court for quashing this order of issuing warrants," Rao told PTI. Asked whether he planned to step back into India, Mallya told 'The Sunday Guardian' in an e-mail interview, "I am an Indian to the core. Of course I want to return. But I am not sure I'll get a fair chance to present my side...I do not feel the time is right."
(Express Photo)

06 / 6

Separately, Mallya tweeted that he was being "hunted down" by the media in United Kingdom. "I am being hunted down by media in UK. Sadly they did not look in the obvious place. I will not speak to media so don't waste your efforts," he said. In Hyderabad, Dattatreya when asked whether there were any anomalies in PF contributions made by Kingfisher airlines told PTI, "We have not examined the issue so far. I will look into that. We will examine (all the issues)." (Express Photo)